Change Your Mind-set When Paying Down Debt
Imagine you just received a $100 tax-refund and you’ve decided to use this money to pay down debt. Now, imagine that you have two credit card accounts, with a total debt of $1,100. On Account A you have a $100 balance and a 10% annual percentage rate (APR). On Account B, you have a $1,000 balance and a 15% APR. Which account will you pay the $100? For the full article, click “read more”
Read more






23. May, 2012









